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20130206
20130206
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
spending reductions just as republicans had to agree to raise the national debt ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >> he put forward a proposal for avoiding that outcome while congress continues working on longer term deficit reduction. that's the sensible thing to do. why make-- why punish the american people because you haven't been able to achieve your ideological objectives through other means? >> sreenivasan: in another development, the associated press reported the u.s. military is cutting back from two aircraft carriers to one, in the persian gulf. the report cited u.s. officials who said it's a direct response to the looming, across-the-board cuts.
with severe mandatory government spending cuts. it is the result of the 2011 deal that raised the debt ceiling he said he would prefer a comprehensive plan but he says congress still needs to take some sort of action. get a bigger package don by the time the sequester is scheduled to go into effect then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaged a fact of the sequestered. republicans were quick to criticize the president's plan saying that it relies too heavily on tax increases. the u.s. government can use lethal force against an american overseas if that person is a senior operational leader of and al-of al-qaeda or its affiliates. several of them did kill americans in 2011 he was in yemen american but never charged with a crime grand plans for the town where osama bin laden's lived $30 million park would include watersports many sports and pair guiding the private venture is expected to take five years to complete. a course that was rescued at the last moment will now have a lasting legacy meet the wo
the fiscal cliff crisis and then the debt ceiling drama. now president obama is calling on congress to get past the next term we all need to turn, the sequester. big, across-the-board spending cuts that are due to take effect the 1st of march. the president called today for a limited package of spending cuts and tax reforms to avoid the deadline. republican speaker of the house john boehner rejected that, saying republicans want a bigger agreement on a long-term deficit reduction plan. the white house also announced today president obama will be going to israel this spring for the first time since taking office. israeli media say he's due to arrive march 20th, though the white house would not confirm any of the travel dates. >>> we are learning much more tonight about the breaking story we brought you here last night. the dramatic rescue of a 5-year-old boy after a standoff in alabama that lasted almost a week. nbc's gabe gutierrez is with us tonight from midland city, alabama. gabe, good evening. >> reporter: brian, good evening. today ethan's mother broke her silence. in a written statem
and the deadline for the u.s. to hit the debt ceiling. while the outcome could make it worse one bright spot growth is expect to do pick up from 2014 to 2018 as the effect of the housing financial criess is continues to face. >> thank you so much diane. >> it's 46 after the top of the hour. coming up, do you make your guests take off their shoes before they come into your house? are you normal or nuts doing this? >> you think cutting calories diet drinks are a good idea it turns out that is true unless you are mixing it with booze. we will explain that one straight ahead. first let's check in with steve doocy to see what's coming up on fox and friends first. >> it wouldn't be a morning without talking about food. >> sounds like you have been mixing something with something up there in that studio, lady. good morning to you. coming up on fox and friends we are talking a little bit how the governors of california and tech as are in a fight. which is better for business, texas with no income tax or california that has one way up here? also, florida is in trouble because they have a new logo that spell
: looking today at the debt ceiling question. do you think that's more severe and more threatening than any sequestering? >> by far. by far. the sequester, if it happens on march 1, is going to cut government spending immediately by about 85 billion. that's about 6 or 7 tenths of a percent of g.d.p. and over ten years 1.2 trillion. if we bump into the national debt ceiling and by the way the good news is the republicans are talking more and more like this is not going to happen. but if we do, we have to go to a balance budget in a minute. can't borrow anymore. we've got a deficit that's, let's just call it morning friends a trillion. the c.b.o. estimate was a little bit below finally. but around the neighborhood of a trillion. that's 12 times 85. on top of that, you will... you have t danger of kicking off a worldwide financial panic as people start worrying about, well, is the united states going to default on its debt? if it comes down to paying social security payments or the interest on the debt, are we so sure that america will cut the social security payments and pay the interest on t
and they will take six months and a question we all have why does it take six months? good-bye fiscal cliff and debt ceiling, hello to the efforts of delay or suspend the "s" word, the sequester, that automatic defense and spending cut mechanism that's set to take effect on march 1st. on tuesday president obama went public for the first time in a while with his opening offer on the budget battles ahead, and today he goes behind closed doors with senate democrats in their retreat in annapolis to strategize and preview his state of the union addressch the white house wanted to send two messages with the president's visit to briefing room yesterday. one, that the burden of shutting off the sequester is on congress. >> if congress can't act immediately on a bigger package, they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months. >> secondly, the white house wanted to signal how they would like to see the rest of these budget negotiations go in 2013, not with one-on-one deal-making but passed th
have a lot of foreseen events that have to happen between the debt ceiling at what am i going to do with the sequester, the money the government is spending that is supposed to be cut. those at issue is going to have to face and i think much more important is the very large, long run deficit that a thing all of us want our policymakers to come together and address how we're going to do with it. i think that's unfortunate will have to be front and center in the next year coming up with that. i sure hope it is. >> let's see, i think first thing just to mind ourselves out is that the impact of it president on the short-term macro economy is almost always exaggerated. presidents can have a big impact on the economy in the medium term and long run, largely -- and while the fed has cut aid to help they can should have a much bigger short-term effect, we immediately looked to the white house and said what are you going to be about the economy right now? dr. romer and i would have to go on tv and there is points and talk about the job supports and what would happen over the course of the ne
-minute debt ceiling deal, there was a warning that came with the relief: >> "this is, however, just >> "anybody that thinks that this is the end of the story, or you can take a deep breath and move on, is >> pam: what now-retired senator conrad described then, is very real today. unless there's a budget deal by march first, sequestration--the word for steep mandatory budget cuts to domestic and defense programs-- begins. >> "there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of entire economy should be put in jeopardy because folks in washington couldn't come together." >> pam: president obama said tuesday that if congress can't pass a comprehensive plan, it should at least agree to a calls "a balanced mix of spending cuts and tax reform" to avert the sequester. house republicans counter-- the ball is the president's court. >> "the house, on two occasions, has passed a plan to replace the sequester. it's time for senate democrats to do their work, it's time for the president to offer his id
Search Results 0 to 19 of about 20 (some duplicates have been removed)